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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash $ 4,346,466 $ 4,264,767
Accounts receivable, net 2,778,901 2,273,189
Prepaid expenses 110,869 133,607
Interest Receivable 104,453
Inventories 1,231,753 1,003,623
Other current assets 158,131
Total current assets 8,730,573 7,675,186
Property, plant and equipment, net 8,165,336 8,226,009
Intangible assets, net 3,074,444 3,686,111
Related party note receivable 7,367,212 7,367,212
Other noncurrent assets 51,887 51,887
Total assets 27,389,452 27,006,405
Current liabilities    
Accounts payable 1,345,440 721,361
Accrued expenses 904,687 631,860
Current portion of long-term debt, net of discounts 4,357,957 4,578,759
Total current liabilities 6,608,084 5,931,980
Long-term debt, less current portion, net of discounts 5,963,508 6,296,994
Total liabilities 12,571,592 12,228,974
Commitments and contingencies (Note 9)
Shareholders' equity    
Common stock - $0.001 par value; 100,000,000 shares authorized; 25,018,098 shares issued and outstanding 25,018 25,018
Additional paid-in-capital 39,622,463 39,440,611
Accumulated deficit (24,829,621) (24,688,198)
Total shareholders' equity 14,817,860 14,777,431
Total liabilities and shareholders' equity $ 27,389,452 $ 27,006,405